Price of Bitcoin surging

The price of Bitcoin is up nearly 2% to $651, according to a price index on Coindesk. Since hitting a 2014 low of $360.84 back in April, the price of Bitcoin has jumped dramatically.

The rise in Bitcoin price comes days after the United States Marshals Service auctioned off nearly 30,000 Bitcoins from the cryptocurrency market Silk Road, which shut down in October, The New York Times reports.